Gree Electric Appliances, Inc. of Zhuhai is a diversified international industrial group, whose business covers residential air conditioners, central air conditioners, intelligent equipments, home appliances, air source water heaters, smart phones, refrigerators, etc.
Gree was founded in 1991. It takes “Independent Innovation” as the development concept and “To build a centenary enterprise” as the business goal. It is highly reputable both at home and abroad for its advanced technologies, strict quality control, unique sales mode and complete after-sales service.
The company has its headquarters in Zhuhai, a beautiful coastal city in south of China, with nearly 80,000 employees. Gree has established 11 production bases around the world, 9 are located in China, another 2 in Brazil and Pakistan. Moreover, it has 5 bases of renewable resources in Changsha, Zhengzhou, Shijiazhuang, Wuhu and Tianjing, and 6 subsidiary companies (Lamda Compressor Co. Ltd., Gree Electrical Co. Ltd., Kaibang Motor Manufacture Co., Ltd., Xinyuan Electronics Co., Ltd， Intelligent Equipment Co., Ltd and Precision Mould Co. Ltd), covering the entire supply chain from production of core parts and components to the recovery of waste products.
Now Gree are authorized to establish “State Key Laboratory of Green Air-conditioning Equipment and System”,“National Engineering Research Center of Green Refrigeration Equipment” and “National Recognized Enterprise Technology Center”, one National Industrial Design Center, one Robot Engineering R&D Center and Air Conditioning Institute, Motor Technology Institute, Home Appliances Technology Institute, Intelligent Equipment Technology Institute, New Energy and Environment Technology Institute, Health Technology Institute, Communication Technology Institute, Robot Institute and Numerical Control Punching Machine Institute, Internet of Things Institute, a total of 10 institutes, 72 research institutions and 727 advanced laboratories，over 10,000 researchers. Gree has developed 19 “world leading” technologies: ultra-low temperature digital VRF, high-efficiency centrifugal chiller, G-Matrik low-frequecy control technology, super high-efficiency fix-speed compressor, 1Hz low-frequency control technology, R290 environment-friendly air conditioner, multi-functional floor heating type central air conditioner, rare earth free magnetic resistance inverter compressor, permanent-magnet synchronous inverter centrifugal chiller, 2-stage inverter compressor, PV direct-driven inverter centrifugal chiller, magnetic suspension inverter centrifugal cooling compressor and chiller, high-efficiency permanent-magnet synchronous inverter centrifugal ice-storage chiller, cooling technology at ambient temperature of -40℃, triple-cylinder two-stage rotary compressor of variable volume ratio, distributed air supply technology in heat pump air conditioners, CAN＋ communication technology based on VRF Unit, the high efficiency household Multi-connected Air-conditioner based on different volume switching compressor technology, NSJ series vehicle urea intelligent machine. Gree products are classified into 20 categories, 400 series, and over 12700 models, with more than 32,850 technology patents, including 13,855 invention patents. They are sold widely in more than 160 countries and regions, to more than 300 million users all across the world.
Since 2005, Gree has topped No.1 in production and sales volume of residential air conditioners for 12 consecutive years. In 2006, it was awarded “World Brand”. In 2015, Gree achieved sales revenue of 110.113 billion RMB, with net profit of 15.421 billion RMB and tax payment of 13.075 billion RMB. Gree has paid tax up to 81.413 billion RMB in total, being No.1 in terms of tax payment in China home appliances industry for 15 consecutive years.